Eaton Vance Municipal Income 2028 Term Trust Declares Monthly Dividend of $0.08 (NYSE:ETX)

Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) announced a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.0782 per share by the investment management company on Friday, February 28th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.16%. The ex-dividend date of this dividend is Friday, February 14th.

Eaton Vance Municipal Income 2028 Term Trust has increased its dividend payment by an average of 3.3% annually over the last three years.

Eaton Vance Municipal Income 2028 Term Trust Price Performance

Shares of ETX traded down $0.04 during trading hours on Tuesday, reaching $18.17. 12,156 shares of the company traded hands, compared to its average volume of 22,466. The business has a fifty day moving average price of $18.02 and a 200-day moving average price of $18.44. Eaton Vance Municipal Income 2028 Term Trust has a 12-month low of $17.48 and a 12-month high of $19.44.

Eaton Vance Municipal Income 2028 Term Trust Company Profile

Eaton Vance Municipal Income 2028 Term Trust is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invest in stocks of companies operating across the diversified sectors. It was previously known as Eaton Vance Municipal Income Term Trust.